[21st General Election] Women Venture Association "Welcome Lee Young's Proportional Representation Victory... Expect Innovative Policies"

Lee Young, former president of the Korea Women Venture Business Association, elected as a proportional representation member of the National Assembly from the Future Korea Party in the April 15 general election. Photo by Teruten

[Asia Economy Reporter Moon Hyewon] The Korea Women Venture Association expressed its welcome regarding former association president Lee Young, who was elected as a proportional representative member of the Future Korea Party in the April 15 general election, stating, “The women venture industry expects Lee to play a pivotal role in proposing innovative policies for the development of small and venture businesses in the 21st National Assembly.”

In a statement released that day, the association said, “Lee, who served as president from 2015 to 2016, significantly contributed to the balanced growth of the venture industry by establishing a one-person creative business support center specialized in technology startups and advocating for the expansion of venture funds dedicated to women entrepreneurs.” It added, “Even after stepping down, Lee founded the venture investment company Y Alliance Investment, continuously discovering and supporting junior venture entrepreneurs and maintaining communication with the venture field.”

The association also stated, “With the global spread of the novel coronavirus infection (COVID-19), numerous companies are facing crisis situations,” and expressed hope that “policy-making reflecting the voices from the field of small and venture businesses will be carried out so that small and venture entrepreneurs can overcome difficulties and anxieties and leap forward again.”

Furthermore, it said, “We hope that various policies that can improve regulations hindering business growth and invigorate the venture ecosystem will be realized, creating a solid venture ecosystem.”

Meanwhile, Lee, who founded the security company Terten in the early 2000s, has worked as vice president of the Korea Information Security Association and vice president of the Korea International Trade Association, establishing himself as an IT and security expert.

This content was produced with the assistance of AI translation services.